New Colombia Resources announces they are diligently working on their projects in Colombia. Company President, John Campo, is overseeing all three of the operations in cooperation with Erasmo Almanza and Diego Guarnizo.
Mr. Almanza is in Bogotá finalizing the agreement with the drilling company. The company received a preliminary proposal that is being enhanced to include the geological work needed to complete the N.I. 43-101. New Colombia had planned to contract SGS to do the geological and core sample registering work, but has decided it would be more beneficial to contract the driller to do both drilling and geology. The driller is a local company that works with a well known U.S. based mining and geological consulting company that will produce a N.I. 43-101. The company expects to sign the work order within the next few days so the drillers can apply for the drilling permit, which is expected to be approved within days of being submitted. The drillers already have equipment in the area. The company believes they are still on schedule to have the N.I. 43-101 in December.
Mr. Campo is on the Atlantic Coast developing the oil palm operation in conjunction with representatives of the developers of the GH 500 hybrid oil palm supergene seed and Maxima fertilizer from Malaysia. They have prepared the soil in preparation for the arrival of the seeds that are expected to arrive by FedEx on Tuesday or Wednesday. New Colombia is very pleased with the market opportunity there is for the distribution of these seeds. Although Colombia is the fourth largest producer of oil palm, many of the trees currently planted are not producing what they should. This is due to the fact many are male trees that can’t produce fruit. Some are male and female that could benefit from the Maxima fertilizer. The company has received very positive feedback from the oil palm producers in the region that will replant with the GH 500 supergene seed once the nursery is set up. The ph levels in the region are 6.4 + which is some of the most fertile soil in the world. New Colombia has identified many farms that are currently under producing that they will approach for oil palm development. The company plans joint ventures with the farm owners.
Mr. Guarnizo is in Bogotá in discussions with organic coffee farmers, roasters, and packagers. Although he has an established relationship with suppliers, he will attend a coffee convention next week to amplify his choices. New Colombia expects to close the acquisition of Café Tolima Don Diego by next week. The company has decided to use the vacuum packed paper bag exterior packaging on their website to continue with the feel of natural organic. In Colombia there is only one other organic coffee on the shelf which sells for US$ 9 for a 283 gram bag. To view the packaging, go to http://www.cafetolimadondiego.com.
“Erasmo has applied for a considerable coal concession on behalf of New Colombia and we also registered New Colombia Resources, Inc. with the Chamber of Commerce in Bogotá
as the majority owner of Minera San Jose Ltda. I have received an invitation from one the largest energy and steel conglomerates in the world to discuss entering into a joint investment for thermal coal. This allows us to revive an LOI we had signed to acquire a 4000 ha thermal coal concession. I will be more specific on details as soon as I can, I’m in the field here in Colombia and communication is difficult in some parts,” stated John Campo, President of New Colombia Resources.
For more information visit www.newcolombiaresources.com
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